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Section 93: Offences under this Part

Securities Act · PART VI: DISCLOSURE

consolidated text (as at 2018, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

93. Offences under this Part (1) Any person who contravenes any provision of this Part shall commit an offence and shall, on conviction, be liable to a fine not exceeding 500,000 rupees. (2) Notwithstanding subsection (1), where under any provision in this Part, a time period for compliance is specified, the person shall commit a separate offence for each day the provision is not complied with after the time period has elapsed and shall, on conviction, be liable for each offence, to a fine of 5,000 rupees per day. PART VII – TAKEOVERS

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